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MARKET TRENDS

February 2024

Miami - Fort Lauderdale - West Palm Beach

(Metro Miami)

$630,000

Median Sale Price

Single Family Homes

​

+14.1% YoY

​

$340,000

Median Sale Price

Townhomes & Condos

​

+6.3% YoY

5,329

Closed Sales

All Property Types

​

-0.5% YoY

47.9%

Cash Sales as  a Percentage of  Closed Sales

All Property Types

​

+2.4% YoY

​

95%

Median Percent of Original List Price

All Property Types 

​

-0.2% YoY

43 Days

Median Time to Contract

​

All Property Types

​

+10.3% YoY

81 Days

Median Time to Sale

​

All Property Types

​

3.8% YoY

MORE MARKET TRENDS

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